8x8, Inc. (EGHT)
NASDAQ: EGHT · IEX Real-Time Price · USD
2.270
+0.050 (2.25%)
At close: Jul 2, 2024, 4:00 PM
2.170
-0.100 (-4.41%)
After-hours: Jul 2, 2024, 5:57 PM EDT

8x8, Inc. Statistics

Total Valuation

8x8, Inc. has a market cap or net worth of $284.60 million. The enterprise value is $644.57 million.

Market Cap 284.60M
Enterprise Value 644.57M

Important Dates

The next estimated earnings date is Tuesday, August 6, 2024, after market close.

Earnings Date Aug 6, 2024
Ex-Dividend Date n/a

Share Statistics

8x8, Inc. has 125.38 million shares outstanding. The number of shares has increased by 4.44% in one year.

Shares Outstanding 125.38M
Shares Change (YoY) +4.44%
Shares Change (QoQ) +1.42%
Owned by Insiders (%) 2.18%
Owned by Institutions (%) 93.93%
Float 85.52M

Valuation Ratios

PE Ratio n/a
Forward PE 5.24
PS Ratio 0.39
Forward PS 0.38
PB Ratio 2.79
P/FCF Ratio 4.59
PEG Ratio 0.53
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.88
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 10.39

Financial Position

The company has a current ratio of 1.44, with a Debt / Equity ratio of 4.68.

Current Ratio 1.44
Quick Ratio 1.02
Debt / Equity 4.68
Debt / EBITDA n/a
Debt / FCF 7.70
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -63.30% and return on invested capital (ROIC) is -4.76%.

Return on Equity (ROE) -63.30%
Return on Assets (ROA) -8.40%
Return on Capital (ROIC) -4.76%
Revenue Per Employee $374,079
Profits Per Employee -$34,698
Employee Count 1,948
Asset Turnover 0.90
Inventory Turnover n/a

Taxes

In the past 12 months, 8x8, Inc. has paid $3.64 million in taxes.

Income Tax 3.64M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -48.41% in the last 52 weeks. The beta is 1.57, so 8x8, Inc.'s price volatility has been higher than the market average.

Beta (5Y) 1.57
52-Week Price Change -48.41%
50-Day Moving Average 2.43
200-Day Moving Average 2.78
Relative Strength Index (RSI) 48.93
Average Volume (20 Days) 1,353,208

Short Selling Information

The latest short interest is 15.35 million, so 12.25% of the outstanding shares have been sold short.

Short Interest 15.35M
Short Previous Month 13.95M
Short % of Shares Out 12.25%
Short % of Float 17.95%
Short Ratio (days to cover) 17.77

Income Statement

In the last 12 months, 8x8, Inc. had revenue of $728.71 million and -$67.59 million in losses. Loss per share was -$0.56.

Revenue 728.71M
Gross Profit 503.80M
Operating Income -27.60M
Pretax Income -63.95M
Net Income -67.59M
EBITDA -16.77M
EBIT -63.95M
Loss Per Share -$0.56
Full Income Statement

Balance Sheet

The company has $117.67 million in cash and $477.63 million in debt, giving a net cash position of -$359.97 million or -$2.87 per share.

Cash & Cash Equivalents 117.67M
Total Debt 477.63M
Net Cash -359.97M
Net Cash Per Share -$2.87
Equity (Book Value) 101.96M
Book Value Per Share 0.81
Working Capital 75.25M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $78.99 million and capital expenditures -$16.94 million, giving a free cash flow of $62.05 million.

Operating Cash Flow 78.99M
Capital Expenditures -16.94M
Free Cash Flow 62.05M
FCF Per Share $0.51
Full Cash Flow Statement

Margins

Gross margin is 69.14%, with operating and profit margins of -3.79% and -9.28%.

Gross Margin 69.14%
Operating Margin -3.79%
Pretax Margin -8.78%
Profit Margin -9.28%
EBITDA Margin -2.30%
EBIT Margin -8.78%
FCF Margin 8.51%

Dividends & Yields

8x8, Inc. does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -4.44%
Shareholder Yield -4.44%
Earnings Yield -23.75%
FCF Yield 21.80%

Analyst Forecast

The average price target for 8x8, Inc. is $3.11, which is 37.00% higher than the current price. The consensus rating is "Buy".

Price Target $3.11
Price Target Difference 37.00%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

8x8, Inc. has an Altman Z-Score of -0.53 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.53
Piotroski F-Score 6